These conclusions are based on the information presented in the appendix to the law on the budget of the Social Fund.
The law was adopted on January 16, 2026.
Main parameters for 2027–2028
It is projected that the revenues of the Social Fund will amount to 144.2 billion soms in 2027 and 150.5 billion soms in 2028. At the same time, their share in GDP will decrease from 6% in 2027 to 5.4% in 2028, indicating faster economic growth compared to social obligations.
Expenditures of the fund are expected to be 144.1 billion soms in 2027 and 150.4 billion soms in 2028, also decreasing to 5.4% of GDP by the end of the forecast period.
If in 2026 the budget deficit of the Social Fund will amount to 388.1 million soms, then in 2027 it will be reduced to 132.1 million soms, and in 2028 to 82.5 million soms.
The main burden continues to fall on the Pension Fund:
- revenues in 2027 — 128.3 billion soms,
- in 2028 — 132.8 billion soms;
- expenditures — 128.2 billion soms and 132.8 billion soms, respectively.
The Mandatory Health Insurance Fund will increase its expenditures from 69.1 billion to 74.7 billion soms in 2027 and 2028, reflecting the rise in healthcare costs.
Budget of the Social Fund of the Kyrgyz Republic for 2026 and forecast for 2027-2028
| Name | 2024 (fact, thousand soms) | 2025 (revised budget, thousand soms) | 2026 (draft, thousand soms) | 2027 (planned period, thousand soms) | 2028 (planned period, thousand soms) |
| Total revenues | 115,241,601.7 | 129,183,671.5 | 137,691,504.7 | 144,185,180.7 | 150,455,214.8 |
| As % of GDP | 7.6 | 7.3 | 6.7 | 6.0 | 5.4 |
| Including: | |||||
| Pension Fund | 104,551,388.2 | 115,864,648.8 | 122,964,445.1 | 128,319,003 | 132,839,684.9 |
| State Accumulation Pension Fund | 4,782,375.3 | 6,333,471.6 | 7,214,542.2 | 7,875,059.7 | 8,987,614.6 |
| Mandatory Health Insurance Fund | 5,248,941.0 | 6,043,157.6 | 6,503,418.2 | 6,911,898.5 | 7,472,258.3 |
| Workers' Health Improvement Fund | 658,897.2 | 942,393.5 | 1,009,099.2 | 1,079,219.5 | 1,155,657.0 |
| Total expenditures | 108,063,384.3 | 127,708,873.9 | 137,303,365.2 | 144,053,124.6 | 150,372,697.6 |
| As % of GDP | 7.1 | 7.2 | 6.6 | 6.0 | 5.4 |
| Including: | |||||
| Pension Fund | 97,591,406.9 | 114,087,000.9 | 122,576,305.6 | 128,186,946.9 | 132,757,167.7 |
| State Accumulation Pension Fund | 4,782,375.3 | 6,333,471.6 | 7,214,542.2 | 7,875,059.7 | 8,987,614.6 |
| Mandatory Health Insurance Fund | 5,045,951 | 6,304,235 | 6,503,418.2 | 6,911,898.5 | 7,472,258.3 |
| Workers' Health Improvement Fund | 643,651.1 | 984,166.4 | 1,009,099.2 | 1,079,219.5 | 1,155,657 |
| Surplus/Deficit | 7,178,217.4 | 1,474,797.6 | 388,139.5 | 132,056.1 | 82,517.2 |
| GDP | 1,523,235,800 | 1,779,721,200 | 2,067,019,100 | 2,398,447,300 | 2,779,309,100 |
